Sunday 10 March 2013

How do you control your spending?



A lot of people young and old find it difficult to hold petty cash. They have a habit of spending money once it gets into their hands. Sometimes people would rather give cash to a close friend or siblings to hold for fear of blowing it - mostly on things that they don’t need. The obvious answer is to save the money in the bank and perhaps seize from holding a bank card in order to avoid frequent visits to the ATM machine.

At the same time, they wouldn’t want to find themselves in an awkwardly stranded and cashless situation one day without cash or access to any funds. What if they need to buy airtime to call someone? What if the car has a flat tire and cash is needed to pay the vulcanizer?

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